PeerBerry buyers funded €67.6m (£58m) of loans in July, a 4 per cent month-on-month improve.
The European peer-to-peer lending market mentioned that 1,088 new buyers joined the platform final month and that its portfolio amounted to €115.83m on the finish of July.
Since PeerBerry‘s inception, the platform’s buyers have funded over €1.9bn in loans.
Final month, originators on the platform which have been impacted by the Ukraine battle repaid a further €1.8m of war-affected loans, that means that 85 per cent of war-affected obligations have been paid in direction of PeerBerry buyers.
The platform mentioned it’ll course of the additional reimbursement of war-affected loans in mid-August 2023.
Learn extra: PeerBerry heralds robust progress in Kazakhstan
PeerBerry additionally famous that sister firm Crowdpear – a crowdfunding platform which presents property-backed actual property and enterprise loans – gained its pan-EU crowdfunding licence final month.
“Because the demand on the PeerBerry platform is excessive, and plenty of buyers face the problem of investing all of the funds held within the PeerBerry account, please contemplate investing a part of your funds in Crowdpear,” the agency mentioned.
Presently, Crowdpear has greater than 3,080 buyers and manages a €1.67m funding portfolio.
Learn extra: PeerBerry re-lists CashX loans after Sri Lanka circumstances enhance